Business For Sale

Electrical contractor/ commercial. High net margin

Atlanta, GA
Fulton County


Asking Price: Annual Revenue:
$1,350,000 $1,400,000

Services: Construction, Contractors


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RE: Electrical contractor/ commercial. High net margin Broker: Matt Wochele
Owner Financing is Available!
10% to 20%

Quick Facts

Asking Price: $1,350,000
Annual Revenue: $1,400,000
Net Profit: $575,000
Cash Flow: $575,000
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 12
BBN Listing #: 441930182
Broker Reference #: 122120171

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Business Overview:

Established in 1998 this company has built a solid reputation in the commercial electrical contracting industry. They are an approved vendor for some of the larger corporations such as Publx and Kroger to name just a couple. The company specializes in renovation work. In 2016 their revenue came in at $1,200,000 and this year they are on pace to top $1,350,000. The owner's discretionary earnings in 2016 were close to $500,000 with 2017 expected to be in the $575,000 to $600,000 range. The company is positioned well for the new owner. There are 12 employees with the top people trained to bid and price jobs. The opportunity to grow and bid more work is only a question of hiring and training new employees. The owner has slowed down the past couple of years as he prepares for retirement. He believes he can help guide new ownership to substantially grow the company if they choose to. The owner will be moving out of state to fully retire once the transition period is complete. We are asking $1,350,000 this includes about $80,000 in inventory.

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Property Features and Assets:

Established in 1998 this company has built a solid reputation in the commercial electrical contracting industry. They are an approved vendor for some of the larger corporations such as Publx and Kroger to name just a couple. The company specializes in renovation work. In 2016 their revenue came in at $1,200,000 and this year they are on pace to top $1,350,000. The owner's discretionary earnings in 2016 were close to $500,000 with 2017 expected to be in the $575,000 to $600,000 range. The company is positioned well for the new owner. There are 12 employees with the top people trained to bid and price jobs. The opportunity to grow and bid more work is only a question of hiring and training new employees. The owner has slowed down the past couple of years as he prepares for retirement. He believes he can help guide new ownership to substantially grow the company if they choose to. The owner will be moving out of state to fully retire once the transition period is complete. We are asking $1,350,000 this includes about $80,000 in inventory.

Market Competition and Expansion:

Established in 1998 this company has built a solid reputation in the commercial electrical contracting industry. They are an approved vendor for some of the larger corporations such as Publx and Kroger to name just a couple. The company specializes in renovation work. In 2016 their revenue came in at $1,200,000 and this year they are on pace to top $1,350,000. The owner's discretionary earnings in 2016 were close to $500,000 with 2017 expected to be in the $575,000 to $600,000 range. The company is positioned well for the new owner. There are 12 employees with the top people trained to bid and price jobs. The opportunity to grow and bid more work is only a question of hiring and training new employees. The owner has slowed down the past couple of years as he prepares for retirement. He believes he can help guide new ownership to substantially grow the company if they choose to. The owner will be moving out of state to fully retire once the transition period is complete. We are asking $1,350,000 this includes about $80,000 in inventory.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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